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this morning, a bill to avert the fiscal cliff awaits president obama's john hancock. around 11:00 p.m. eastern last night, the republican-led house gave final approval to a deal that will raise taxes on the wealthiest americans, and postponing the automatic spending cuts for two months. the package, which would be signed by the president as early as today preserves the bush era tax cuts for individuals who earn less than $400,000 a year and households earning less than $450,000. it extends unemployment benefits for a year and does not do a bunch of other stuff. it passed by a comfortable margin but only because a majority of yes votes came from democrats. 172 democrats voted in favor. 16 opposed. 151 republicans voted against the bill. only 85 voted in favor. in recent years, republican speakers of the house refused to bring bills to the floor unless they got a majority support from republicans. speaker john boehner of ohio violated that longstanding rule last night and in the process he became the only member of the leadership of his party who voted in favor of the bill. eric cantor and kevin
early this morning, president obama urged congress to raise it. >> we cannot not pay bills that have already been incurred. if congress refuses to give the united states government the ability to pay the bills on time, the consequences for the entire global economy will be catastrophic. >> no word yet on when the president will sign the new bill. technically it was a day late, but the markets reopened this morning. from washington, i am tracy potts. >> reaching a deal on the fiscal cliff has not -- lawmakers on both sides of the aisle are pressing outrage after it the house adjourned without a vote on a bill providing aid to victims of superstorm sandy. representatives from both parties are calling ending the term without a vote inexcusable. >> absolutely inexcusable, indefensible. >> some lawmakers are suggesting the decision to forgo the vote was made because the affected areas are in blue states. >> we started this morning with a little bit of cloud cover. we have mostly sunny skies now. the wind shifting to the north, and it will be chilly the next couple of days. 35 at the airpo
in the next 24/48 hours. >> this is a typical pattern of the president. outsourced obama care, outsourced the stimulus bill. left this to congress, to do all the major works he wanted, left it to them. now he's handing it over. he's the only western this afternoon who doesn't have to bow to the god of re-election, he, if anyone, could compromise, he doesn't have to worry about getting re-elected again. that's driving decision making on both sides when it comes to congress, yet, he doesn't lead. he hands it over to a man who hasn't passed a budget in years. >> at 3:00, we'll meet. and i'll tell congressional leaders, you come up with the package, tyler. >> the real tragedy, what it says about the quality of leadership in this country. they can't lead, seem unwilling to lead. that's what's distressing to individual voters and to the markets. >> thank you, joining us, and thank you, out there. we'll join "mad money" right after this break. and we'll see michelle right after that on a special "kudlow report." let's give thanks - for an idea. a grand idea called america. the idea that if you w
are put n hold foo tto months. thee house will now send the bill to president obama... who is a new congress will be sworn many marylanders are now trying to figure out hhw they'll be affeeted by what's going on in wwshington.one tax taxpayers should contact their preparers as soon as possible...to ffnd out how they'll be impacted by all the changes both this year... and in 20-12. (prioleau) "if a person has from selling stock, then yourr tax preparrr will need to see that in order to prepare your 2212 tax returnss" tax advisors say all the confusion from washington could delay refund checcs this year. that brings us to ur question the deal lawmakers reached tt avoid the fiscal cliff? we'll take your calls in our 7 o'clock hhur. you can also go to fox-baltimore dot com and tell us what you ttink... sounn off through facebook or send us a tweet.. at foxbaltimore. por tonight following the nnee death of a man... found shot ann killed outssde a glen &pburnie taveen. tavern.people are expected to gather at six 'clock in front whereepolice found the body f sir keith english q
. >> we can now definitively say that president barack obama will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter season that started early with the g.o.p. primaries and events like this. >> we saw some of this black church in south carolina where a woman asked you why you referred a president obama as the food stamp president. it sounds as if you are suitcase to go belittle people. >> first of all, juan, the fact is that more people have been put on food stamps by barack obama than any president in american history. [ cheers and applause ] >> i know among the political kli correct and i'm supposed to you use facts that are uncomfortable. [ laughter ] >> so that was just part of a long and memorable primary season. juan, is that your highlight of the year. [ laughter ] >> my highlight? it is telling again for newt gingrich. he in a subsequent debate when we was asked about extramarital life and enough about these questions and
, they to do it at the same time, they have to announce hr-1 introduced thursday. the first bill of the new congress. which i would say should be exact replica that you pass obama cut, pure tax cut, as we went over the cliff. do it on income tax, capital gains. you are saying we'll introduce the cut thursday. clean bill. none of the other stuff in it, like the wind power credit and all of this other stimulus junk. that would be what theteams are demanding. give it to them on monday. -- thursday, it will be a pure tax cut. >> by the time you get there, you have a market retook whatever is happening in washington. the asian markets open in 15 minutes. tomorrow market reacting to the past couple of days. steve, what about the premise they don't go forward with amending it. they pass it. all democratic votes and 40, 50 republican votes. >> that is probably the most likely outcome at this point unless they get to 218. it doesn't make sense to do this. the time to have had the fight over the substance in my view was in the past. i don't understand why there wasn't more coordination between the le
we need to pass the obama tax bill and then once we get to the ceiling of the debt we would then forced the congress to go forward with a $1 trillion debt reduction on an annual basis until it is paid off. basically, we are overspending. we have to get our debt under control. host: dan the covers it for cnn has this tweet. that is brand new from dana bash. here are some tweets from viewers using #fiscalcliff. those are some of the treats coming in. -- tweets. #fiscalcliff. caller: i have been watching what's going on in the programs and the reason i called in the first place is the debt ceiling we are now facing with sequestration that we kick the can down the road last year because they could not come up with anything and now they're going to take that down the road again and then we are coming up to another ceiling height in a few months were the debt ceiling is going to get raised again? $6 trillion in four years that we do not have any asking us to do it again and wants us to raise taxes on the rich? what? going to amount to six weeks of the budget for the government? it
going to be penalized with the only excise tax that's in this obama bill. >> steve: it hits the fan today. they kicked the can down to today and it hits the fan today. >> when you talk about happy new year. this is tax day for us in our industry. it hits the entire medical device industry for the biggest companies to smallest. the industry, over 2 million jobs are supported and 80% of those jobs are in companies with 50 employees or less. so it's a small innovative industry. >> juliet: you have 19 employees and now they're working with you. they're not upset with you. but they're trying to work with you. what are some of the things they're doing to sacrifice? >> we're like family, it's a small company. for example, for christmas instead of taking christmas bonuses, we gave them the week off in between christmas and new year, just so that could help out financially. >> juliet: you haven't taken a paycheck in a while? >> you do what you have to do. we want to keep our people working and trying to find our ways. we're experts in medical device and trying to find other things. it's not
. the bill passed the senate yesterday, and is now awaiting president obama's signature, senators barbara boxer and dianne feinstein sponsored the bill. the federal designation would likely bring a tourism boost. >>> the california supreme court ruled that people who get hurt on bumper cars and rough rides assume some risk when they decide to go on the ride. the ruling stemmed from a lawsuit brought by a san jose woman who fractured a wrist riding on a right at great america. >>> good evening to you. freezing temperatures returning to the bay area late tonight. looking at stormtracker 2 over the last several hours, we watched high clouds move through the bay area, now to the south of us, we're dealing with partly cloudy skies. outside our doors right now, widespread mid-30s, to low 40s. already cooling off. if this is just the beginning of your evening, 37 in santa rosa at midnight. 44 san francisco, where the fireworks will be going on. 38 in concord. 38degrees expected livermore now, with the partly cloudy skies, the calm conditions, we will be cooling off once again, back to 31 degrees
personality president. it worked, bill. the pr campaign that the media crafted worked. obama got reelected. but, here is the final point on this. when you have this messiah-type figure who also has a goody bag, who's handing out free stuff to people. hey, you want contraceptives? hey, they're free, i'll give it to you. you want money? i'll take it from this guy and give it to these people. that's a tough candidate to beat and the media created that image, which is totally false, he is a politician, at times a very nasty politician, but they created a kind of mother teresa character and it worked. >> moses, i think more moses than mother teresa,'s coming down, he's got the tablets, this is how we're going to do it, it's all going to work out. that's very good astute analysis. all right. inside the republican party there's a lot of anger and bitterness and finger pointing and blaming and we've got to change and what do you say? >> well, i say, first of all, you're absolutely right in what you said just now. what we're going to hear and we've already started hearing it, we nominated a moderat
president failed to meet thei obligation, their own statee ooligation whicc as to brrng us a balanced bill. one that also had spendinggcutss this one ffils at thaa and faiis badly. president obama pprisedd agreement that protects the miidle class. thanks to the votes of democrats nd republicans in congress, i will sign a law that raises americans whiieepreventing a middle-class tax hike that could have sent the economy back into recession and obviously had severe impact on famiiies alllacross america. but middle class financial hht ii 20-13. they won't pay higher income taxes but hey will have tooppy at least two-percenttmore in payrollltaxxs. that means most of the country's 60 million workers will seeesmaller paycheeks this year..i'm martha shade reporting lawmakers were under a tight deadline to pass the fiscal cliff measure. a new congress will be sworn in tomorrow many marylanders are now trying to figure ouu how going on in washington.one tax advisor wee poke to says taxpayers should contact their preparers as soonnas possiile...to find out how they'll be impacted by ll the in 20-12
early this morning president obama urmged congress to raise it. >> we can't not pay bills that we already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastroph catastrophic. >> reporter: no word when the president will sign the bill so in the end it was one day late but just in time for nervous veshz as markets re-opened this morning. tracie potts, nbc news, washington. >> investors appear to be reacting positively to the deal. the dow is up 2%. nasdaq up 2.5%. markets in asia and europe were also up today. >>> your taxes are still about to go up. a 2% payroll tax cut just expired. that means you'll be paying about $1,000 a year more in taxs if you make $50,000 a year. economists warn that could slow the country's economic growth but as much as .07% in the coming year. on the flip side the tax cut cost the government about $125 billion a year. >> this congressional term is not ending without controversy. >> but i am deeply disappointed, mr. speaker, and the peopl
, brent, the blame is on the republicans who did pass a bill, and president obama, of course, the media in love with him, there's been no criticism of him either. >> look, i disagree on two points, juan. where the senate is concerned, let's also keep in mind this. republicans and the house have passed hundreds of bills of that never seen the light of day because every single time harry reid refuses to bring them up for a vote in the senate. so for this man 20 turnaround and stay that the republicans are dillydallying when it's the republicans who have been showing up in the house for two years and he's done nothing is adommable. the president is playing this very well. this is a masterpiece on his participate but it's also a complete obfiscation. and right now, juan williams, you tell me what president obama has said he would stand unand cut to balance the budget. >> he said he would change our rate of growth in the country, the cpi. >> can you believe talk. >> he's talking about medicare and republicans have talked about eligibility age. >> juan, double talk. give us specifics. >> if y
vote the u.s. house passes a bill on the fiscal cliff. president obama warns he doesn't want to go to the brink over the next fight over the debt ceiling. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> that budget deal boosts sabre an equity. stocks in hong kong and australia hit 19-month highs in the first trading session of the year. european cheered the deal despite more gloom from the eurozone where manufacturing activity has continued to contract. that was manufacturing pmi. we have similar figures out of the u.k. now. u.k. manufacturing pmi surprisingly up to 51.4, the highest since september. it's from a revised 49.2 in november. much better than the 49.1 poll. sterling already up strong against the dollar this morning. we'll see whether it gets another kick. there the output index 54 in december. the highest since april, 2011. it's 50.5 in november. so manufacturing or factory activity jumping unexpectedly. now going its fastest pace since september, 2011
not get their bill, a tough. obama has got to stop campaigning and start leading. host: a producer with fox news just sent this week. -- this tweet. now, david dreier is retiring. he will not be in congress come thursday. as rules committee chair, he has 35 more hours or so of being the chair, and then a new chair will be coming in. representative tom gray, a republican from georgia, tweets. ryan, california city, calif., independent. caller: even if we pass this resolution and we do not go over the fiscal cliff, the tax hikes, even if they are on people who make $450,000 or less, that is what small businesses are. that would kill them. the capital gains taxes and raise. the bill is like a small book to read today, but i have gotten through the majority of it and it looks like they are just postponing the majority of the issues. we are not going to cut any spending. we're going to raise revenues. is defenseutting revenue, and that is not what the majority of spending goes to any more. it goes to entitlements. we cannot make up for entitlements with tax increases on the wealthy. the
on the wealthy but the house of representatives decided not to vote on the bill on new year's eve. the house is expected to resume talks quickly in the new year to avert a serious impact from tax hikes. president barack obama gave a conference earlier on new year's eve. he said he was optimistic that senators could reach a compromise. >> now today it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve, but we're hopeful that congress can get it done. >> senate republican leader mitch mcconnell said the two parties had reached an agreement on taxes. they are believed to have agreed to extend tax cuts for middle income earners. people earning more than $450,000 per year will see their taxes go up. that's far higher than obama's original proposal. they have yet to agree to suspend spending cuts. the democrat led senate is expected to pass the bill on new year's eve. the republican led house says it will not vote on the bill before the midnight deadline. members of congress are expected to work on a stop gap mea
to monitor oversea calls without a court order. it was said to expire at the end of the year. president obama is expected to sign the bill, his signature would keep the program in operation for another five years. >>> an australian surfer has lived to tell the tale of a harrowing shark attack. >> they've done an excellent job,. >> reporter: luke alan was shaken but obviously happy to have survived his encounter with a shark. alan was surfing in new south whales. suddenly a shark moved in and alan fought back. >> out of the blue, a bull shark just came up. on the third time he managed to get the board and drive it into the head of the shark. >> alan will have a few reminders of his ordeal. the shark left a bite wound on his thigh and took off one of his index fingers. >>> a new attack is bringing awareness. who they're targeting and what it could mean for your personal information. >> and i'm still tracking some showers on live storm tracker 2. how much rain it will bring to your neighborhood and an early look at your new year's eve newscast. >>> bay area families thrown into limbo by a ban th
.org, the war and peace report. i'm amy goodman. president obama is expected to sign the bill to deter the brunt of tax hikes and spending cuts known as the fiscal cliff that took effect at midnight yesterday. the compromise bill passed by the house late tuesday makes bush tax cuts permanent for about 99% of households. it allows tax increases of about 5% only on incomes above $400,000 for individuals or $450,000 for couples. the deal extends unemployment benefits, renews tax credits geared toward low-income families, and delays automatic cuts for military and other spending for two months. president obama compromised on the tax issue after initially backing increases on family incomes of more than $250,000. speaking tuesday at the white house, obama claimed the deal is a victory. >> the central premise of my campaign for president was to change the tax code that was too skewed toward the wealthy and the expense of working middle class americans. tonight, we have done that. thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxi -- taxes on the wealthiest
just all fit. >> those exercises we were doing earlier. the butter churn. >>> president obama says he will sign the bill that pulled the nation back up from the fiscal cliff. last night a divided house vote diverted income tax hikes for most persons but delayed decisions on spending cuts. congress now needs to raise the debt ceiling, he says, so the government can keep paying its bills. if not, he says the consequences could be far worse than the impact of the fiscal cliff. >>> secretary of state hillary rodham clinton will fully recov recover, doctors are confident, from a blood clot in her head. she is said to be in good spirits and making excellent progress. the blood clot behind her right ear formed after a concussion from a fall. >>> justin bieber's sports car. he was not in the car at the time. the photographer was struck by another vehicle as he returned to his own car. officials say no charges are expected against the driver who hit him. >>> today an open house is being held in connecticut at a repurpose school for survivors of last month's sandy hook elementary massacre. teac
the bill has passed the house, it is headed to president obama's desk, who has said that he will sign into law. we are expected to hear from some of the house members in minutes and possibly see president obama make a statement. >> as soon as the fiscal cliff fix hit the house floor resistance from republicans was in place. >> because of what we are not doing, i cannot believe that this tax cut will be followed with spending cuts to offset any part of the $4 trillion we are putting on the backs of future generations. i thank all of you will vote for it. i cannot bring myself to. >> in the early -- in the early morning hours, the bill went through the senate and house members were called in for a vote. >> i believe we will come together with a strong vote. >> it has been republicans without spending cuts. if only raises taxes on individuals raising taxes more than $400,000. the lack of spending cuts left republicans irate. >> we have to somewhat address spending. we are always kicking the can down the road. >> it fails to address the threat facing our country. >> house republicans decl
eric cantor the number 2 ranking house member voted against the bill because it didn't address spending. >> what we're doing is raising taxes to give the president more money to spend. >> reporter: president obama has promised to work with congress to find more spending cuts in the future. but he urged them not to play politics with the nation's debt limit. >> i will not have another debate with this congress other than over whether they should pay the bills they have already racked up. >> reporter: the country is just a few months away from defaulting on their loans for the first too many in history. >> it would be catastrophic, far worse than the "fiscal cliff." >> reporter: many republican congressmen say the debt limit debate is the last chance for them to secure the deep spending cuts necessary to pay down our nation's debt. tara mergener for cbs news, washington. >>> after his address, president obama returned to hawaii to finish his vacation and will sign the bill there. >>> most overseas stock markets rose on news of the u.s. "fiscal cliff" has been averted. the kospi stock exch
cuts the desk of president obama. house passed a bill last night. the senate passed the senate earlier on tuesday. newschannel it will have more live in thata in just a few minutes. let's get the latest on our wednesday morning commute. we are trying to get back the group on a wednesday morning. this is video taken about 45 minutes ago on 66. everything was cleared off to shoulder on eastbound 66 but about a five-mile line near the fairfax county parkway. was an earlier crash. we also had one of westbound. this is 395 where there is no delay. in some spots, we are catching a break. we haveing the weather, conditions to start this morning, 35 degrees but we will move a lot from where we are now. the cooler temperatures are to the north. the cooler temperatures are to the north. we will turkey sausage. turkey what? amazing. dunkin's new turkey sausage breakfast sandwich. surprisingly great sausage taste with under 400 calories. try one today. america runs on dunkin'. ♪ >>> all that jumping going on. we're jumpstarting january, right here in times square. we're getting a whole bunch of
done. today senate sent president obama a bill that reauthorizes eavesdropping on communications in search of possible terrorists. in doing so, lawmakers brushed away concerns about violating privacy. >> this did not get much attention until today. the vote in the senate was not close and without much fanfare. one of the most hotly disputed tactics on the war on terror will keep ongoing. he ordered it just after 9/11 and became one of the most controversial tactics used by george w. bush to fight the war on terror. the secret wire tapping of kmun kags between people in the united states and overseas. it drew fire because sometimes the communications of innocent americans got caught up. in 2008, the practice was authorized by congress but with limitations. a warrant is now required to target an american, including americans who are abroad. but it's still a hugely controversial program and the senate has passed a five-year extension of it. >> it's an enormous potential of abuse given the ugly history of the use of intel general surveillance for illegitimate purposes. >> they believ
to be hillary clinton supported by bill clinton and presumably a relatively still popular president barack obama, trying to win that will truly be the super bowl. and the republican party today, was incapable of competing at that level. >> and certainly, the republican party hasn't helped himself since newt gingrich said what he said. joan walsh? >> no, she's a very, very formidable candidate, you and i both know that. so there's an element here where, let's say, the craziness has really been on the far right. john bolton is not a mainstream figure in anyway. although i guess president bush tried to make him one. i would like to see kathleen parker had a great piece in the washington post this morning calling people out for their craziness. i'd like to see more mainstream republicans the same. the more this is talked about, the more it can me tatasticize. >> i think it's a problem not just with conservatives, but i criticize people that said about bush 41 that he should die a miserable death when he was in the i.c.u. >> i'm sorry, lauren. these people are going on fox news and saying that did yo
at one point. >> when he spoke at the democratic national convention, former president bill clinton brought the house down. this was one of the great speeches, ever, i think. it made the case for reelecting president obama in a way the candidate himself never got able to do, even to the end. let's listen to big bill at his best. >> are we better off than we were when he talk office? then, listen to this. listen to this. everybody's forgotten. everybody's forgotten when president barack obama took office, the economy was in free fall, it had just shrunk nine full percent in gdp. we were losing 750,000 jobs a month. are we doing better than that today? the answer is yes. >> you know, i was thinking back to the fairy tale remark. the guy's showman ship with the gesticulation, the hands, the whole dinism the way he presents this case. >> earlier this year, i wrote oh, who needs conventions what are they for, anyway? they're for moments like that. i was on the floor at that moment. it was one of the most memorable things i've seen live in a hall or anywhere. that was bill clinton at the
that milestone, the current congress needs to send nearly 100 bills to president obama's desk in the next few days. >> that lack of productivity isn't hurting paychecks on capitol hill. even as tax hikes and an unend to unemployment benefits for 2 million people could be on the way because of the fiscal cliff. congress, it's about to get a raise. it's part of an executive order that president obama issued which ends a pay freeze for federal workers. so salaries will go up by .5% after march 27th. that's an extra $900 before taxes. currently members of congress make $174,000 a year except for leaders who make a little more. the last time lawmakers got a pay raise was in 2009. >>> this morning, i want to tell you about the fact that we know the name of a man pushed to his death at a new york city subway station now. he's identified as 46-year-old dusend. a sketch of the suspect. she's described as a heavy set woman in her 20s who was wearing a ski jacket and sneakers. poppy harlow has more on the investigation for us. >> it was horrible. >> reporter: this man says he heard the final scream of t
on this fight. on the right there's some significant disagreement. here's what bill kristol wrote just before the house vote. quote, politically republicans are escaping with a better outcome than they might have expected. and president obama has gotten relatively little at his moment of greatest strength. then there's conservative commentator charles krauthammer. >> in the house who hate the bill and for good reason. i mean, this is a complete surrender on everything. >> so that's charles krauthammer. who won this thing? >> i agree with the basic premise it was a push all the way around. first of all, let me say that as far as the average working person is concerned, this really wasn't a victory at all. the payroll taxes go back up. and this wasn't really a job-creating bill of any kind. so that should be said. what we're really talking about here is politics. who won politically inside the beltway. and i think you have to say that the president came out marginally ahead. first of all, chaos could have been worse. even though he tried to blame congress, he's our president. and that's where t
president reagan and deal with the spending? >> it depends if he turns into bill clinton or remains barack obama. clinton understood his legacy, was what was important and he would be remembered as somebody who was good on the economy, as a democrat. guess what? he wasn't a typical democrat. he was forced to change. a lot of it had to do with the fact that the congress changed. we have divided government. if the president wants the same old, same old, he will get t. the republicans won't cave. it's equal branchings of government. they control two-thirds and it takes three to tango, the senate, white hussein. >> eric: terrific debate. >> heather: who is leading in the tango, that's what we don't know. congressional leaders are trying to come up with that deal, with less than two days before massive tax hikes and spending cuts kick in and small businesses are already being affected. companies have no idea how much more they are going to owe uncle sam next year. that is affecting how they are doing business right now. we have those details from the new york city newsroom. >> reporter: many sm
by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl, and the republican party as it is today is incapable of competing at that level. >> welcome back to "hardball." newt gingrich's reverence for hillary clinton is certainly a long way from the near contempt republicans held for her back in the '90s. even as a senator hillary clinton was close with some high-profeel republicans. she had friends up there. this archival l.a. times story's headline the secret friendship of hillary clinton and john mccain. but a piece in today's politico asked when will the rit wing or the right start hating hillary clinton again? it's a fascinating story for political people. time magazine's rana joins us and steve kornacki. it seems to me if you listen to newt gingrich, who has become a commentator every time he's not running for something, you get the sense that you don't want to run against hillary clinton because she's grabbed the scepter. she's quite hawkish on issues like iraq and the middle east generally. i think s
really like the deal. when you talk to republicans, they say president obama has imposed his will on us. we had to agree. this is very bad. he broke our party unity. some of the republicans passed the bill, others opposed it. it is very interesting when you talk to democrats. they do not like this compromise. they say that -- especially progressive democrats. they say that once president obama promise that everyone would have to pay higher taxes who was earning more than $250,000, but now it is more than $400,000, so he did not keep his promise. >> this was not the only deadline. what can we expect later this year? >> we will expect even more trauma -- drama. i think the next battle is going to be how to raise the debt ceiling. president obama said he is not willing to talk about that, he is not willing to compromise on that. i think this is wishful thinking. he asked to do that because the congress has to agree on that and the republicans -- he has passed to do that -- he has to do that because the congress has to agree on that. >> to find out how global exchanges have responded, we wi
obama speaking about the passage of the fiscal cliff bill, raising taxes on what he says are the top 2% earners in the united states, and now back to his vacation in hawaii getting a couple of days break. we'll take a break and be right back. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please?
this morning. any race against the clock, the senate has passed a bill to avoid the fiscal cliff. >> president obama says the green is the, quote, right thing to do for our country. the legislation now moves to the house where its future is unknown. fox's patty ann brown has the story. >> reporter: senate lawmaker voted overwhelmingly in favor of legislation to avert the fiscal cliff. >> the bill as amended is passed. >> vice president joe biden in a visit to the capitol monday night explaining the pact he northed with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predictions. >> having been in the senate along as i have, there are two things you shouldn't do. you shouldn't predict how the senate will vote before they vote. you won't make a lot of money. and number two, you surely shouldn't predict how the house is going to vote. >> reporter: if passed by the house, it would stop many of the spending cuts. >> middle class families will wake up today to at assurance that their taxes won't go up
putin signed a controversial van on adoption to the u.s. it was added last week to a broader bill retaliating for human rights sanctions president obama signed into an earlier law earlier this month. putin pledged to improve the lives of children in russia's neigh toreously underre-- notoriously under resourceed orphanages. >>> you got to see this. terrifying moments for shoppers at a mall in china. a shark tank burst open. the aging tank material could no longer contain all the water and the fish inside. it is pretty incredible when you see that. 16 people were hurt all threesharks died. the aquarium was installed in the shopping center two years ago. mall officials say they have no plans to rebuild the fish tank. >>> five things to know. desert storm commander general norman schwarzkopf died at the age of 78 on thursday in tampa from comply cages from pneumonia. -- complications from new known yeah -- pneumonia. >>> former president george hw bush's family says they are confident he will be out of icu soon. he has been in the hospital for more than a month after coming down with
a way of repeating itself. somehow washington never gets the message. >> president obama said he would push for a bill that would actually -- what it would do is include a renewal of the unemployment extension of the bush tax cuts for middle class americans who make less than $250,000 a year. some of us will be watching the ball drop in times square. we may hear the gauntlet drop on capitol hill. live in the newsroom. back to you. >> thank you, derek. >> we are also counting down to 2013. hundreds of thousands of people will bring in the new year in times square. organizers have been planning all year for the ball drop. wendy gi jlet has a look at the preparations. >> more than 2,000 pounds of confetti are in place. >> that's fantastic. >> ready to be thrown out by hand from buildings and times square at midnight. >> i have seen it on tv. looks like so much fun with the concerts and excitement in the air with people. >> it's magic. >> hundreds will come from all over the world. >> australia, canada, england. >> they will see the waterford crystal ball drop down a flagpole high above ti
administration, continuing with obama stimulating both, getting banks back on track. bill: you heard tucker said. it doubled since this administration. >> it doubled because of need to continue these policies and to stimulate the economy. now that you spend it in order to --. bill: stimulus. health care? >> here is one sentence point, alan, nobody can defend this level of debt. it is poison future growth. everybody understands that. what is the plan to curtail future spending? you can't balance this budget on backs of top 2%. we learned that, about to learn it in concrete terms. >> back of lower 98% either. certainly lower five to 10% who can barely afford to pay their bills month to month. bill: so you raise taxes and try to figure out how big the shovel needs to be? >> you get out of wars. crows military bases around the world. number of things we can do. let's get out of afghanistan. bill: what is incredibly absent debate. no one told how the deal would create jobs an economy and make it stronger. tucker, thank you. alan, thanks to you as well. >> thank you, bill. bill: to our viewers at home
bills that have actually been signed into law by president obama. but a lot of these laws were insignificant, things like the names of post offices. and a slew of bills passed by the house had no chance of passing the senate or getting the president's signature, like repeated attempts to repeal the affordable care act. the influence of the tea party lawmakers have been a clear factor. >> the tea party, which is not even on the screen about a year ago at this time, is a very domineering force. >> one story will be with us, the rise of the tea party. >> regardless of what those elites think, the tea party movement is authentic, grassroots movement. >> i wouldn't sell short these candidates. >> tea party americans, you're winning. >> it's a big mistake not to take it seriously. >> you think the tea party is here to stay? >> absolutely. >> this book was just named the best book of the year. good evening and congratulations. >> thank you, chris. happy to be with you. >> this fiscal cliff was supposed to be so severe, so potentially devastating, there would be no way for congress not
. >> the hour-long meeting with president barack obama was the first face-to-face session together with both republican leaders of the latest fiscal crisis. obama said he was modestly optimistic about the agreement by senate leaders on a compromise bill that could be voted on by monday. that is just two days before 6 under billion dollars of automatic tax hikes and spending cuts begin to take effect -- $600 billion of automatic tax hikes and spending cuts take effect. >> we want to make sure that unemployment insurance is still available for 2 million people and lay the groundwork for additional deficit reduction and economic growth steps to take in the new year. but let's not miss this deadline. >> we are working hard to get there in the next 24 hours. i'm hopeful and optimistic. >> whenever we come up with will be imperfect. some people will not like it, some people will like it less, but that is where we are. >> the democratic leader said it will prevent a tax hike on middle-class families are not up to a quarter million dollars. that condition, in line with obama's campaign pledge to rai
minutes. 3 its official... the houss has ppssed a bill to avoid the fiscal cliff and its on its way to president obama who says he will siinnit. wendell goler explains what's inside the legislation. p3 p------------------------------- -------------------------------- -------------------------------- naas "(measure passes, deal passed with ovvrwhelming ...extending the buss eraatax cuts for amilies making less than $450 thousand dollars a yyar and maaiig the lower rates permanent, sooething... ...former president bush because he wasn't ble to get 2/3's of the ssnate to go allng. that part most republicans are happy with. ffeming says it made some thingsspermanent...permanent fix toothe amt....some things do like." ...the deal hhving to ay the alternative miiimum tax, by indexing it to the death tax 5% but extempts &pindividual estates... ..and $10 million for family estates like farms. backkto 6..%, a 2% increase ll phicc will cost a worrer making $110k year about $2k more. on the spending term unemployment enefits for another year. democcats had "it'ssc
to pass this bill. it never should have happened this way. i commend president obama and vice president biden for protecting in a class with this and doing the best that they can, but my friends and my colleagues, we're going to have to work to meet in a sensible center. we are going to have to not ladies brinksmanship gains. the american people do not want it. president obama won reelection campaigning for the middle- class. this keeps those parties and we ought to support it. >> the gentleman from michigan, mr. camp, continues to reserve. >> i now yield two minutes to danny davis, our colleague from illinois and soon to be joining us on ways and means. >> recognized for 2 minutes. >> thank you. i have never seen a compromise where everybody got everything that they wanted or liked everything that they got. i certainly do not like everything that i see in this bill. and i certainly did not get everything that i wanted. but i do like the fact that senior citizens can go to the doctors because they are being paid a reasonable rate. i do not like the fact that some of the health programs
bill that the senate finally sent to the house." and president obama going out there to say the congress asked to give the money for what they have spent. we have two months and the president will come out and say i need more money for the budget, it's all done. so the president will be asking for more money, but he cannot briblame the congress. this washington is spending our money, spinning things around on us, and just going hog wild. we're not after your president, to the guy from georgia. we are with your president, but we want to get everything in order and have washington quit spending money they don't have. thank you, c-span. host: let's look apsa editorials and our beds in the pages of the newspapers. in the washington post -- and another opinion piece that says -- and another piece, this with a different twist, looking at the cabinet of president obama in his second term. we will be watching on c-span, cabinet choices of the toinistration in the show's come. this is tim from kentucky on our democrat line. caller: how are you? i have always thought about the fiscal
months. president obama said yesterday that he wanted to include that into the bill but in order to get it passed, he had to compromise himself. let's take a look at some video shot yesterday on the senate floor of the house. the 89-8 vote was cast around 2:00 a.m. the bill permanently extends the bush era tax cuts for 99% of americans. current spending levels will be offset by tax increases and some spending cuts, half to defense and half to domestic. let's take a listen. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> this is a mini cliff. the big cliff still lies in front of us. the big cliff -- [ inaudible ] >> reporter: certainly some members of congress not happy with this deal that was struck last night. however, mitch mcconnell, a republican himself, says this was a good deal for americans. the house is back in session at noon and will likely take up this vote right away. back to you. >> thanks, deal yarks live on capitol hill -- delia, live on
to a conclusion and pass the bill. >> reporter: in a statement from the white house, president obama urged boehner to change his mind. following an afternoon meeting with republican members from new york and new jersey, boehner did change a bit, and promised to have a vote on the $60 billion relief package by january 15th, which for the louder complainers was enough. >>> taking a live look outside now, hey, if you've got outside, you know this is one of the coldest days we've had since last winter. what does that mean for us tonight? >> meteorologist veronica johnson has the answer. >> it's going to drop even lower tonight. so we've got to look back where we were this morning. during the overnight period, take a look, the temperatures started out this morning at 32 degrees. many neighborhoods, great falls, mclain, even up north at 32 to start, 32 also over in charles county. or down in charles county and waldorf, maryland. depending on where you are, the temperature by tomorrow morning will some 7 to 12 degrees lower. with that, we are going to see a mostly clear sky across our area, trapped with
the government overspending. >> and the debt ceiling. president obama urged congress to raise it. >> we cannot not pay bills that we have already incurred. the consequences for the global economy would be catastrophic. >> no word when the president will sign the new bill. it was just in time for nervous investors as markets reopen this morning. tracie potts, wbal-tv 11 news. >> police are investigating two new year's days shootings. what happened on caroline street. a man was shot in the abdomen. police investigating a separate shooting in northwest baltimore that happened after 4:00 p.m. near druid hill avenue. a man was suffering a gunshot wound to the shoulder. >> for many, ringing in the new year was cause for celebration. there was a big party at a hotel that prompted three calls. jennifer franciotti has more details. i understand this ran the gamut of incidents. >> their credit been too many people. overnight, they answered three separate calls for a stabbing, a fight, and some kind of drug overdose. partygoers report having a great time at the atrium. there were about 1000 people at thi
, nothing to do with the fiscal cliff, they're talking about a couple other bills. president obama back in washington d.c. spoke to all the congressional leaders, top democrats and republicans in the house and senate, no update, or signs of real progress, senior administration official says this one is up to congress to figure out. house republicans say we need the senate to act, senators say we need republicans to act. terry reed hit the floor a short while ago and said it looks like we are headed over the fiscal plan and called on the house to set -- pass the senate plan. >> i see the speaker painting the escape hatch, put the economic base in your own state as speaker of the house. million of middle-class families are nervously watching, waiting and counting down the moment until our taxes go up. >> that escape hatch would keep taxes where they are for families earning less than $250,000 a year and increase for those earning more. a response from house speaker john boehner's office, spokesperson saying harry reid should talk less and legislate more. the house has passed legislation t
in for bill o'reilly. in the personal story segment tonight. president obama attracted year whelming support among hispanics in the last election sounding defeating mitt romney 71-27 among those voters. this is less conservatives searching for a way forward on immigration. some folks in the party are suggesting finding inspiration from former president george w. bush who recently weighed in on the debate. america is a nation of immigrants. immigrants have helped build the country that we have become and immigrants help build a dynamic tomorrow. can be a lawful society and welcoming society at the same time. i hope we do so with a ben benevolent spirit. >> is bush the face wants to embrace for the party's future. former political director for former h.w. bush and joining us from san diego murdock a fox news contributor. great to see both of you. let's start with you here. is this the way forward for the republican party now? the republicans took a beating. they got wailed on. the messaging was romney didn't do enough to court hispanic voters. is it really illegal immigration the problem or la
with obama care. that's how the senate has done on a bipartisan basis, tax bills for i think the last 30 years. they deem this stuff -- they voted. they go home and say, look what we accomplished. nobody knows what's in the bill. none of the details are clear. there have been no hearings, no mark ups no amendments. this is as bad as the original obama passing a $780 billion stimulus that nobody had read. or nancy pelosi saying you have to pass the bill to know what's in it. i don't think any republican ought to be touching this stuff. >> mr. speaker, hold on for a second. alley vels i velshi is with us. >> speaker, sorry to bother you while you're on vacation. listen, you called this an artificial creation of washington. you have actually suggested the many things that make up the fiscal cliff be divided up and tackles separately. i want you to listen to what president obama said earlier today and get your comment on it. let's listen to this. >> we're going to solve this problem instead in several steps. >> speaker gingrich, do you think this is the way to do it? we're at an impasse. are
immigrant. in a rare move, president obama sibld into law a private bill granting victor chuckwiki permanent residency. it's the only such bill to be approved in the last two years. the recent college grad came to the u.s. 11 years to go to undergo treatment for rare life threatening facial tumors. he had been living in michigan on an expired visa and will now head to medical school. >>> a russian airliner slid off a runway and smashed outside moscow today. four of the eight crew members on board were killed as the plane splintered into three pieces. no passengers on board were -- no passengers were on board, and no one on the highway was injured. the jet is about as big as a 757. it was run by the russian airline red wings. the plane was arriving from the czech republic when it overshot the runway. >>> we knew it would end like this, didn't we? the fiscal cliff, still looming. spending cuts and tax hikes that could shove our economy into recession. and a deadline lawmakers ignored until the very last possible minute. live pictures now of the capitol. looks beautiful. man, but there's a lot
president obama will sign it, but there is a deal to avoid the fiscal cliff. the house passed the bill last night. as he tells us it leaves a lot to be desired. >> they finally got it done. congress ended the long drama over the fiscal cliff with house republicans rereluctant and thely passing the senate bill. >> i will sign the bill that raises taxes on wealthiest americans. >> for a time it appeared the bill was head forward defeat. >> i do not support the bill. >> house republicans did not want to raise taxes without significant cuts in government spending. >> there is no spending cuts. we're adding $4 billion a day to the debt. we feel like the senate bill failed. >> but republicans did not want to drag out the fight any longer and risk essentially taking the blame for massive tax hikes. >> what is the alternative? the alternative is $4 trillion of tax hikes to hit the american people. >> people earning less $400,000 shields them from tax increases and extends unemployment benefits. what it does not do is raise the debt ceiling. in two months the government will reach its limit on borro
the least productive session of congress since the 1940s. with only 219 bills passed and signed by president obama they may give new meaning of the term do nothing congress. >>> and senator mike crapo has decided not to fight the charges of his dui arrest which tests showed his blood alcohol was nearly twice the legal limit. >>> congressman chris van hallen said congress needed to reach a deal on the fiscal cliff by christmas. less than 48 hours until that cliff what does he think now? you are watching msnbc, the place for politics. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >>> the self-imposed 3:00 p.m. deadline the senate came up with for a deal has come and gone which means without a last minute deal starting january 1st tax hikes and massive spending cuts will be in effect. extended unemployment benefits have ended. we will be li
the bill that was not voted on. the bill for hurricanes and the relief. there was a vote expected last night that never made it to the house floor and president obama has come outer urging republicans in the house to have a vote today on a relief package for hurricanes and the. with us is congressman, republican peter king from capitol hill. -identify you that way in all seriousness, as a republican. >> sure. i am republican, a real republican, national security republican, homan security republican, someone who believes the federal government has that -- in the case of a natural disaster. my republican voting record is a lot more loyal than many other people and god save the republican party. at times the republican party has left me as happened last night. connell: to credible for the details you are not considering changing parties over this? >> note. what i have said -- not at all. i have said anyone from new york or new jersey who contribute to the national congressional republicans as happened last night is crazy. these guys are always coming raising money, people like chris chri
. >> you are wrong, bill. they call it a white house tree. >> bill: no, it's a christmas i tree. barack obama calls it a christmas tree. he is your guy. he calls it a christmas tree. >> well, times are changing and here in this buildin previous governors, north only me. i just said continue what the previous governor has done and that's what i did. you like to make a lot of controversy, so all i can say is. >> bill: governor, you are the guy making the controversy. all i want to do is keeping the traditions of christmas that make most americans happy. the polls show 90% of americans celebrate christmas and they want to call it a christmas tree. you are in the minority. you are imposing your will. and you are making people unhappy in the season of joy. that's not right. you are not doing the right thing, governor. >> i don't make anybody happy. >> bill: i know. you are not making anybody happy. everybody is unhappy with you. all right in the a atheists want you to burn the holiday tree. >> merry christmas. >> bill: they want to just burn it. you know i'm right in your heart you have know
. the average american household would see their tax bill go up nearly $3,500. this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in the briefing room a short time ago. let's go right to jon carl tonight. good evening. >> reporter: good evening, david. there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. after meeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not going to have any patience for a politically, self-inflicted wound to our economy. >> reporter: there are signs of progress. mitch mcconnell and harry reid have agreed to spend the next 24 hours trying to come to a bipartisan agreement on a small
for rational discussion. lou: thanks for being with us. president obama's first callll after winning his second termter went to president bill clinton. hey, what happened to governore chris christie? former clinton special counsel wnd steven haze of the weeklye standard dryness. [poignant country music] ♪ ♪ remember when ♪ we vowed the vows and walked the walk ♪ and gave our hearts ♪ made a start and it was hard ♪ ♪ we lived and learned ♪ life threw curves ♪ there was joy, there was hurt ♪ ♪ remember when ♪ ♪ remember when ♪ we said when we turned gray ♪ ♪ when the children ♪ grow up and move away ♪ we won't be sad ♪ we'll be glad ♪ for all the life we've had ♪ and we'll remember when ♪ ♪ remember when ♪ lou: exit polls show a deepenini racial divide, some say, at the voting groups. d key groups such as hispanics, blacks and asians puttingbama oe president obama over the top.cta the strength of support.e stre joining us now, former specialrm counsel to president clintonide lonnie davis, steven hayes, senior writer for the weeklythey standard, but
. >> and the debt ceiling. before leaving for a whole lot president obama urged congress to raise it. >> we can't not pay bills that we have already incurred. the consequences for the global economy would be catastrophic. >> no word when the president will sign the new bill. it was a day late but it was just in time for nervous investors as markets reopen this morning. tracie potts, wbal-tv 11 news. >> county police had a busy new year's morning. officers responded to three separate calls. >> jennifer franciotti is live outside the crown plaza hotel with more details for us. >> do you think it happened just after 1:00 a.m. we know that police are still investigating but it could be a matter of too few security guards. this hotel hosted a new year's eve party. >> they did it at a hotel so you can get a room and drink and not worry about driving home. none of that. do you know what i'm saying? they did a good job of putting this together. >> about 1000 people in the atrium. >> a lot of different promoters getting together to throw a party. we are still here. we are about to enjoy the rest of our
spending cuts. there lab nasty fight over the debt ceiling. last night president obama said he's not willing to debate congress on the borrowing limit. >> we can not not pay bills that we've already occurred. >> reporter: karen travers, abc news, washington. >>> for all of you holiday eaters, cot overweight actually be better for your health? we'll tell you about the recent study which suggests you may not want to lose those pounds. >>> and how the stievers of sandy hook are moving forward. >>> listen up if you're trying to lose those extra holiday powbd -- pownlsd. researchers found having a higher bmi may have a slightly lower chance of dying. those slightly overbeast were not much greater than a normal rate. now don't get too excited, though. experts warn the study does not prove that being overweight is a good thing. >>> scientists say for the first time image tests show fructose can spark brain images. women who spent eight weeks practice -- eating fructose, the brain doesn't register it. researchers say the study is too small to offer proof but does add to the evidence th
the bill and the hope is they can pass it before the economy is rocked by the tax hikes. >> i feel very, very good>> reporter: president obama called the vote the right thing to do for the country and encouraged the house to pass the bill right away. abc news, washington. >>> medicare reimbursement could take a hit if the fiscal cliff is not averted. reimbursements to doctors will be cut by nearly 30% beginning today because congress may have failed to make the adjustments for medicare payments. it could mean more doctors refewing to treat medicare patients. >>> 2013 will be remembered as landmark year for same sex couples and many couldn't wait to get to city hall at the stroke of midnight. today is a big day as same sex marriage can officially happen in the state. sherrie johnson is live downtown where couples were lined up to say their i dos it was a big morning for many. >> reporter: that's right. a little after midnight 7 same sex couples gathered right here in downtown baltimore at city hall to say their eye dos. this is definitely a historic day for maryland. the couples waited p
on this bill for aid for sandy victims in the affected areas. president obama just a few minutes before i walked out here to the lawn put out a paper statement that is urging the house to vote today on that bill it's a $64.4 billion bill that is packed with aid for residents of new york and new jersey and the affected areas, and that is another bill that passed the senate first last week. jenna: big meeting at 3:00pm with house leadership and some of the delegates from new york and new jersey. thank you. jon: let's bring in charlie hurt columnist with the washington times for more on the fiscal cliff deal. i know you have been scouring washington and looking for an adult. have you found any? >> no, that is the one thing that is in short supply around here. only in washington would we have a definite reduction plan that would pass both chambers of congress and be signed by the president that actually increases the deficit. it's absolutely crazy. even, you know, the republicans -- i do you understand their argument that people like paul ryan makes about protect being the highest number of t
. it was 20 years in the making the story of that speech was for the first 15 years they treated bill clinton like he was the worst thing that ever happened in american politics, villain in chief and even after he left the white house he was afraid of the clinton restoration and 2008 when obama had the clintons when the republicans decided, wait a minute, no, bill clin clin to is this bygone symbol in america of cooperation and good government and moderation and sang his praises for four years. set him up as the good democrat against obama's bad democrat. what happened, the good democrat stole the show, vouches for the bad democrat and disarmed an awful lot of. ares are saying about president obama. >> chris hayes, the mvp of the campaign? >> the mvp of the obama campaign was rick per prip it was rick perry's entrance to the race that pushed mitt romney to take the tackically wise but strategically stupid step of going full out elegant. >> tackically wise for that moment. >> for that moment. it totally destroyed rick perry. he dispatched rick perry with that rhetoric with the $100,000 subdidd
. it's not that they don't know how to pass bills or they don't like passing laws. they voted to repeal obama care more than 30 times. >> yeah, 33 times. >> 33 times, as if there's some type of rule that if the house passes a bill more than two dozen times. so they know how to bring a bill to florida and they know how to vote on it. but i think clarence is right. that some of this is ie dee logical. and the second least productive congress since the 1940s was gingrich's right after the '94 revolution. u you know, they came in. they don't think government works and then they set about and they prove it. >> now, clarence, despite all of this, the president is saying he's optimistic. listen to this. >> i'm modest ply optimistic th an agreement can be achieved. nobody is going to get a hundred percent of what they want. but let's make sure that middle class families and the american economy and, in fact, the world economy aren't adversely impacted because people can't do their jobs. >> are you optimistic, clarence? >> well, at this point, i'm so pessimistic by getting a deal on monday, it's
, and congress will soon be at it again. president obama landed in hawaii this morning to resume his vacation. he left washington last night after lawmakers approved a bill that prevents a middle class tax hike and delays automatic spending cuts. congress and the white house struggled to get the deal done and neither republicans nor democrats seem pleased with the outcome. >> someone stop hitting you in the head with a hammer and you're supposed to say thank you so much for the relief. >> reporter: many voters are upset it took lawmakers so long to reach a compromise. >> i think we needed a deal. i'm not necessarily altogether happy. >> reporter: the measure raises taxes on families making more than $450,000 a year and extends long-term jobless benefits for a year. but the package does not include spending cuts and many republicans voted against it. >> i'd like to be speaking for this bill, but i can't. >> reporter: congress steered away from the "fiscal cliff" at the last minute but another showdown is just around the corner. in two months, the treasury will need to increase how much the country
in spending cuts that were due to kick in today for another two months. because the bill doesn't address spending, getting it passed in the house could be much tougher. >> the fact that the president won't challenge his party on spending cuts is disgusting. it's just disgusting. >> reporter: president obama wanted to dole with taxes and spending cuts at the same time. >> but with this congress, that was obviously a little too much to hope for at this time. >> reporter: house speaker john boehner has not yet publicly endorsed the deal. now, the house reconvenes at midday but lawmakers say, frank, they plan to study this bill hard before they take a vote. they say the senate has had months to get a bill passed and they are not going to rush to get anything done. >> there is word, tara, that some republican lawmakers are upset about something the president said. could that effect support of the bill? >> reporter: it might. president obama chastised in his speech congress for taking too long to get the deal done. but he also threw something out at republicans saying if they think that spendi
owner credits president obama with the boost in sales. "obama is the best gun salesman since bill clinton. every too many a liberal opens his mouth and says something stupid about guns, i sell a gazillion of them." need further proof? one iowa reporter went inside a des moines gun shop. >> the most popular is the a.r.-15, one of the weapons used in the sandy hook shooting. >> two days before christmas i maybe have 30 of these. and i had ten in my safes. and now i have zero. >> i'm joined by los angeles mayor antonio villaraigosa. welcome to the show, mr. mayor. >> michael, thank you for having me on. happy holidays to you. >> the same to you, my friend. does the uptick in gun sales surprise you in any way? >> no. i think we've seen this happen before. you've heard one of the people interviewed saying that it happened in the 1990s, when bill clinton was talking about and trying to do something about gun violence and responsible gun laws. you see it happening again after sandy hook. after the two firefighters who were assassinated just the other day and two police officers who were
obama happy? newt gingrich's backage. $1.6 million. gingrich not only teamed up with nancy pelosi on global warming, but together, they co-sponsored a bill that gave $60 million a year to china's brutal one-child policy. >> i don't think they work in presidential elections in october. but those ads out there -- tell me? >> primaries, they are deadly. particularly in republican primaries. that is particular for newt gingrich was devastating. it hit -- it was the kitchen sink. it threw it all in there. >> what did it say in there that you didn't like? >> it said he's an insider, he's a washington pal. and, look, he even pals around with nancy pelosi. didn't we just fire her? >> didn't you see those loving looks? >> you know, real quick on that. the interesting thing, if i were to pivot off of that caption of him and nancy together because that's what the people are looking for. that partnership working, getting things done. >> but they were talking about global warming. >> the other thing about that ad, that was symbolic of the entire mitt romney campaign strategy in the primaries.
as the most unproductive in 60 years, only 219 bills have been passed and has become law compared to 380 bills passed by the last congress, 460 by the one before that. >>> despite that terrible record president obama has signed an executive order giving returning members of congress a 1% raise. >>> and the senate did put in some extra work hours last night but there was some glumbling. one senator said quote this is definitely not a kunbaya moment. >>> now for a look at your new year's eve weather let's turn to bill karins. happy new year's eve morning. >> big day, right? >> it is. going to be a cold one. >> maybe not for i but for everyone it's a cold. a little bit of snow to talk about. no big blockbuster snowstorms. the cold air is the story. easily be the coldest week of the winter season. areas in white winter weather advisories from new mexico, north texas, panhandle of oklahoma across kansas, missouri, southern indiana and illinois this is where light snow is heading your way. winter weather advisory means slippery travel but not a blockbuster event and cancel your events. travel with
in 60 years. 219 bills have been passed. that's compared to 383 bills passed by the last congress. 460 by the one before that. >>> despite that terrible record president obama has signed an executive order giving returning members of congress up to a 1% raise ending a pay freeze going back to 2009. >>> the nature did put in some extra working hours last night but there was some grumbling. one senator said quote this is definitely not a kumbaya moment. and that's your morning dish of scrambled politics. for your new year's eve weather we turn to bill karins. happy new year's eve morning. >> it's a big day, right? >> it is a big day. and a cold one. >> maybe not for you and i but for everyone else it's a fun day. last day of 2012 is very cold. snow to talk about. no big blockbuster snowstorms. the cold air is the story. easily the coldest week of the winter season. in white winter advisories. texas, panhandle of oklahoma, southern indiana and illinois this is where light snow is heading your way. winter weather advisory usually means you'll have slippery travel but not like a blockbuste
for the bill. after the vote, president obama tried to set the terms for the fiscal fights ahead in a rare late-night appearance with joe biden by his side in the briefing room. >> the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together, with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> but republicans are already looking ahead to another budget showdown in late february. that's when the temporary delay on domestic and military spending cuts expires and when congress must raise the $16.4 trillion debt ceiling limit to avoid default. >> save your powder for the debt ceiling fight. we have leverage at the debt ceiling to make this president face up to the fact that we're spending our way into oblivion. >> last night, the president warned republicans not to use the debt ceiling as a bargaining chip. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> nb
. i like the way he looked at obama care and handed it off to congress and the stimulus bill that he handed off to congress. this is the one person doesn't have to bowe to the god of reelection. everybody else is subject to the things you have already talked about, their home. what would lbj have done, blake? not this. >> i would just be frank with you. i think it's an odd gamut. because look, as i just said i'm skeptical about the ability of these two senate leaders to hammer out a deal that would satisfy both of their very competing, completely opposing imperatives and the next step the president said if you guys don't get a deal i'll ask harry reid to put a bill on the floor and we both know in order for that to happen mitch mcconnell will gra have to agree not to filibuster that and the president is daring mitch mcconnell not to engage in a filibuster and it would seem so embarrassing to the public that mcconnell was filibustering a deal for middle-class tax reform. i think that's a risky gamble. i guess the way he, the president, is thinking of it is either he gets that bill on
kennedy did pass an education bill, no child left behind. i thought obama, when he was elected a lot when across the aisle and work with the opposite side, and everybody said the republicans, conservative set that that bill was not busch's bill, it was ted kennedy boss bill. he crossed the aisle and got the bill pass. obama, when he wanted his health care bill passed, waited until the midnight hour to work with the democratics to pass the bill, they would not pass the bill because it had payments for abortion and things like that -- host: where do you think this is going to go? caller: it will go to the midnight hour, and that republicans will concede they do not have anything else. they will kick the can down the obama has not shown the leadership that he showed, last caller. it is a matter of spending. the government has gotten out of control in washington, d.c. both parties are guilty. this last president as the most gelt, and certainly bush also had his problems with spending, but if i was a republican senator, i would not vote for anything without at least a $6 trillion tax cut, and
. we want to show you video of president obama boarding air force one. this was late last night. the president left after the house approved a senate bill. that is despite the objections of some house republicans. >> thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back in a recession. >> i wish i could say this was a proud moment. a moment in which we started the year off right. in which the first of january was the first of great many good things. it isn't. we are kicking the can down the road. >> new members of congress will be sworn in tomorrow and over the next two months they will have to resolve the issues this last minute deal does not address. here are some of the provisions of the deal passed last night. a permanent extension of previous tax cuts for all taxpayers. expect for individuals making $400,000 a year. or couples making more than $550,000. and it postpones decisions on controversial spending cuts for two m
the budget for spies and satellites for 2013. the house voted yesterday in favor of a senate bill to boost slightly president obama's $72 billion budget request for intelligence agencies. that's down from about $80 billion in 2012. >>> if you look at your 401(k), you may find 2012 was a pretty goodyear for your investments. stocks performed surprisingly well last year despite concerns about the global economy. most posted double-digit gains. stocks were up about 1.7% yesterday. >>> people are celebrating the new year around the world. tens of thousands of revelers watched the fireworks at the seattle space needle in washington state. they rang in the new year at 3:00 this morning our time. >>> from one part of the world we go to another. nato troops serving in afghanistan celebrated the new year with a party. soldiers from different countries gathered in kabul for a dance party. looks like everybody had a good time. dancing and relaxing. nato has more than 100,000 troops in afghanistan, including 66,000 from the u.s. nato will withdraw almost all of its forces there by 2014. >>> closer to
with president barack obama at the white house this afternoon where they heard that if two sides do not agree on a bill the president will urge the democratic senate to put forth a measure anyway. american people will not have any patients for a politically self-inflicted wound to the economy. the economy is growing but sustaining that trend is gong to require a elected officials to do their jobs. mitch mcconnell and his democratic counterpart harry reid are supposed to keep talking tomorrow there could be a breakthrough by the end of this weekend but the president has repeatedly demanded for the extension of tax cuts below $250,000. illinois comptroller judy thinks that the impact on illinois could be as high as $1 billion if lawmakers don't strike a deal before the deadline. social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul lisnek s
on adoptions to the u.s. the country's legislative branch had just passed the bill unanimously. this was russia's response to president obama's anticorruption law. it denies russian officials from getting u.s. visas if they were associated with human rights violations. >> it's very tragic that these children are potentially going to fall victim to really just senseless politics. >> reporter: lauren koch with the national council for adoptions says with 700,000 russian orphans, the children are the ones caught in the political web. >> most of them have been matched with children. they consider these children part of their families already. they have introduced, you know, them via pictures and other methods to their siblings here in the united states. and it's really heartbreaking. >> bring it over here so we can see it. >> reporter: a heartbreak that could become a reality for the fong family who can do nothing but wait, watch and hope. >> we're the fong family. we want to provide a home to just at least one boy from russia and, you know, we have a home, we have a lovely family. we're hoping t
you comment on the relationship between president clinton and president obama and how hillary her role in there? >> well, i think none of us know fully what the relationship is except i think that bill clinton made very conscious decision that it was to his self-interest and the interest of the democratic party, the interest of barack obama and interest of his wife, that he become instrumental in making the case for obama's re-election and obama could not make himself. no one is better at mastering the math of the complicated questions. the number of things he put on the table with the democratic national convention and talked us through were incredible. he just has that ability. i think it was a called a high point of the entire political life. i think they are different people. they probably are the two smartest people who were ever president of the united states. i think that bill clinton who was someone who could never make up his mind. he would make a decision and reverse it the next day. he was up until 3:00 in the morning debating them. president obama doesn't work that way. he
, no spending cuts, at least not yet and no social security or medicare reform. president obama is back on vacation in hawaii with his family. there's no word when he signs off on the new bill and get this. another battle is already brewing. in two months as we just noted the treasury needs to increase the amount of money this nation can borrow. lawmakers must approve it. so the good news for most of success. this your tax rates aren't going up. however, remember this. that payroll tax holiday we've been enjoying the last couple years is done. so the rate's going back up from 4.2 to 6.2% and as andrea mccarren explains, that increase affects virtually anyone who has a job. >> i guess i won't be getting my nails done and hair done. >> reporter: just weeks ago we asked self-described middle class taxpayers what more they could sacrifice. >> everything that's in my life is a necessity. >> i don't have any more to give them. >> reporter: but now wage earners will take home even less. >> now they're going to start paying that pay rolle tax which means they'll have reduced -- payroll tax wh
of congress voted for it. 151 voted against. remember, that bill received near unanimous support from both parties in the senate. president obama vowed to sign the deal, which keeps major tax cuts from expiring on income below $400,000 for individuals. and $450,000 for families. and it delays those crippling spending cuts but only for two months. that means, yes, we could be in for yet another battle over the budget very soon. meantime, traders just seem to be happy that washington reached any deal at all. in fact, the dow saw a bigger surge today than on any day in 2012. gerri willis joins us with more of the wall street reaction in just a moment. first to mike emanuel on capitol hill. mike, tell us about the final pitch to get this deal past. >> well, john, saving the middle class and millions of other americans from massive tax hikes essentially permanently extending tax cuts for many many americans and calling on lawmakers to do the right thing. we will display to all of our constituents that, yes, in the final analysis, we have the ability to come together, to act not as republicans,
'. >>> shortly after president obama took office, therein an unusual new force on the international scene, a conservative protest movement. kill the bill. well, the tea party organized around intense opposition to vote obama and republican incumbents who were deemed inefficiently conservative. unlike most beltway organizations, the tea party combined the resources of well funded management with an authentic grassroots arm. by tapping the grassroots tea party, freedom works grew its annual budget from $7. to $42 million. and the tea party helped mobilize the base. and now many insiders are saying the tea party is losing steam because of obama's re-election. the "new york times" made the front page with "clout diminished, tea party turns to narrower issues." and "the washington post" reports tea party stays on the sidelines as obamas, republicans in congress tackle fiscal cliff. the most visible former elected official in the tea party and, of course, chairman of freedom works tried to oust several freedom works officials this fall. in fact, according to the post, army thieves control momen
. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no control over his extreme right wing faction. >> should anybody's taxes be raised at this point? answer yes or no. >> no. no. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorrow for legislative business. according to one gop aide, they felt it's up to the democrats to act now. so the christmas spirit has not softened actions. but what has softened? customer confidence. in the last week gallup found the drop in the likelihood congress will come to a deal. also holiday spending h
cliff. so the measure now goes to the house of representatives. president obama released a statement praising the senate vote saying -- >>> again, the house of representatives reconvenes at 9:00 this morning our time. coming up at 7:15, even if the house passes the senate bill, the contentious debate will continue in congress with more crucial deadlines in the coming weeks. >>> 7:03. highway 12 in solano county, it has reopened after a head-on collision. four people were killed. this happened about 9:00 last night near the river bridge on highway 12. this is east of rio vista. the chp hasn't given us details about what may have caused the crash or if alcohol may have been involved. >>> and law enforcement agencies were really everywhere during the night, cracking down, looking out for drunk drivers. dui checkpoints were set ulall over the bay area and chp officers were patrolling those highways. yesterday, the chp said the number of dui arrests were down compared to last year. but new numbers for this year's crackdown may be released sometime today. >>> all right. 7:04. we want to ch
obama landed in hawaii this morning to resume his holiday vacation. he left washington late last night after lawmakers approved a bill that prevents a middle class tax hike and delays automatic spending cuts. congress and the white house struggled to get the deal done, and neither republicans or democrats seem pleased with the outcome. >> someone stop hitting you in the head with a hammer and you're supposed to say thank you so much for the relief. >> reporter: many voters are upset it took lawmakers so long to reach a compromise. >> i think we needed a deal. i'm not necessarily all together happy. >> reporter: the measure raises taxes on families making more than $450,000 a year and extends long-term jobless benefits for a year. but the package does not include spending cuts as many republicans voted against it. >> i would like to be speaking for this bill but i can't. >> reporter: congress steered away from this fiscal cliff at the last minute, but another showdown is just around the corner. in two months the treasury will need to increase how much the country can borrow and lawmaker
. >> president obama praised the deal and returned to his hawaiian vacation. >> reporter: they finally got it done. congress ended the long drama over the fiscal cliff with house republicans reluctantly passing the senate's bill. >> i will sign the law that lays the taxes on the final 2% of the americans and preventing a middle class tax hike that could have sent the country into recession. >> reporter: house republicans didn't want to raise taxes without cuts in government spending. >> there's no spending cuts. we are adding 4 billion dollars to the debt and we feel like that the senate bill failed miserablely. >> reporter: house republicans decided not to drag out the fight any longer and risk potentially taking the blame for massive tax hikes on every american worker. >> what's the alternative? allow 4 trillion dollars worth of tax hikes to hit the american people market uncertain? >> reporter: the bill shields people earning less than 400,000 a year from tax increases and extends unemployment benefits for 2 million people. what it doesn't do however is raise the so-called debt ceiling
killing creativity. >> president obama is demanding that congress act before the nation falls off of the fiscal cliff. he made this the focus of the weekly address. stiant leaders are working on a compromise bill fair and balanced debate with congressman for both studies of the aisle . another winter storm targeted the northeast. new jersey may see five inches of snow. we'll have the latest in a live report. former president george h. bush is showingly signs of improvement. let 88 year old former president is in icu in methodist hospital in houston. we are live in houston . will honor the man who led president bush's charge in iraq. remembering general swarkoph. >> and brain dead. warch warning that our children are losing creativity because they are pendent on the web. up inventor of the wind up radio. >> and google traded. it is a card catalog on the web. they don't think long-term blame the public schools and not geag emp- google. >> it is youth scrersus abuse. they can use it for a social media instead of what it is intended to. to get your intelligence a lot quicker. >> carro
to avoid the distinction, congress needs to submit about 100 bills to president obama in the next few days. >>> that lack of productivity isn't hurting paychecks on capitol hill. even as tax hikes and an end to unemployment benefits for two million people could be on the way because of the fiscal cliff, congress, though, hey, about to get a raise. part of an executive order that president obama issued which ends a pay freeze for federal workers. their salaries, yeah, they'll if up by half a percent after march 27. that's an extra $900 before taxes. currently members of congress make $174,000 a year except for leaders who make a little more. the last time there was a pay raise was 2009. >>> there is one thing the senate has agreed on, getting aid to victims of superstorm sandy. by a 61-33 vote the chamber passed a measure offering $60 billion in help. it heads to the house which must approve the bill by thursday or else the process to consider the money has to start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new j
, and the factor begins right now. >> laura: hi everyone i i'm laura ingraham in for bill o'reilly. thanks for watching us tonight. back-to-work. that's the subject of this evening's talking points memo. yesterday the obama administration announced that the president would cut short his hawaiian holiday to make one more attempt to work out a deal to overt the so-called fiscal cliff. in unison, his pals in the news media repeated this white house talking point. >> president obama cutting short his vacation in hawaii, heading back now to washington. that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the delaware on a bitter christmas night 1776 before going on to defeat th
of the issue calls for rational discussion. lou: thanks for being with us. president obama's first callll after winning his second termter went to president bill clinton. hey, what happened to governore chris christie? former clinton special counsel wnd steven haze of the weeklye standard dryness. the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flightanytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. what's in your wallet? hut! progressivive direct and other car insurance companie yes. but you're progressive, and they're them. yes. but theye here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us andhem -- now that's progressive. call or click to
. george h.w. burks 137. bill clinton, 167. george w. bush, 173. and then president obama through november 5 2012, i guess the day of the election, had 311 -- 3 10789 why such a jump between president carter and president obama? is it just the cost of running these campaigns? is it television ads? writes all this money going if guest: it's a very good question. if you want to understand what presidents do, you have to think about what the rules of the system are that incentivize their action. so the rise in fundraising is really a story about the consequence of campaign reform. if you want to empty your let to a presidential candidate, you could give them $25,000. over the last few decades, campaign costs have exploded. the rational is that -- rationale is that we want to have small amount offense money to limit corruption or the appearance of corruption. so the idea is if i can only get a certain amount of money from you, and every person i know, i'm not going to be behold on every certain but with rising president costs, the president is spending more time raising more and more money. th
the cliff. pass the obama tax cut and reinstate the sequester cuts to things like he likes like the national institute of health and cut the defense budget. put republicans in the corner to say you want to bring a bill to the floor? be my guest. am i right? >> bob: my, you are cynical. keep in mind, they said, boehner said he wants to go to the senate. under the constitution, you cannot start a bill on taxes in the senate. has to come from the house. there is a 48-hour limit because you have to have the house of representatives look at it. i think the deal is cut. they will get legislation and vote on it late monday night. >> andrea: do you think a deal is cut? i talk to people and they say no deal. >> eric: there is no deal. they are saying no deal. president obama coming back to d.c. to fix what he broke in the first place. two solid years to deal with it. this is a gimmick, the flying back from hawaii to do this. nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress.
-the-board spending cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. perhaps $6 per gallon. at issue is the farm bill and how much the federal government pays farmers. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. that has dad sean rasmussen worried. >> they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation government prices revert back to 1939 levels. back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk would be far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> well, here's the pr
cliffs. we are gonna look back on this night and regret it. >> president obama rejoined his family in hawaii this morning. the white house had no immediate details when the president will receive and sign the bill. >>> well, stocks are sharply higher due to the fiscal cliff deal but some market watchers are cautioning that the euphoria could be short-lived because of the many challenging issues that remain unresolved. the dow is slightly off, but remaining up more than 200 points. it's up now 235 at 13,339. well, despite the fiscal cliff deal, everyone's paycheck will still be at least a little bit smaller this year. ktvu's janine de la vega is in los gatos to explain about the end of the payroll tax holiday. >> reporter: good afternoon. this tax cut has expired and it will affect every wage earner. most people that we spoke to this morning had no idea that it would affect their paychecks this year. now, here's what workers need to know -- the -- the past two years, americans were enjoying a boost in their paycheck. they lowered the social security tax to 4.2%. that measure was put
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